Question: Open a machinery account ( no . 2 3 0 ) and an accumulated depreciation - machinery account ( no . 2 3 1 )

Open a machinery account (no.230) and an accumulated depreciation - machinery

Open a machinery account (no.230) and an accumulated depreciation - machinery account (no.231), and prepare subsidiary
property and plant records for the two assets. Post the journal entries to the general ledger accounts and to the subsidiary
property and plant records. (Leave blank any answer fields that do not require an answer. Round answers to 0 decimal places, e.g.5,275.) Selected transactions of Coromandel Ltd are given below. The company uses straight-line depreciation and calculates depreciation
expense to the nearest whole month.
account (no.231), and prepare subsidiary property and plant records for the two

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